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MU — Micron Earnings Put the AI Memory Boom to the Test. Here’s What to Watch.
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The stock has nearly quadrupled this year, making strong results necessary — and strong guidance even more important. The numbers Micron needs to deliver Micron MU reports fiscal fourth-quarter results after Wednesday’s closing bell. Analysts expect revenue of $50.95 billion, up around 350% year over year, with adjusted earnings of $31.63 per share — more than 10 times the comparable figure from last year. Those estimates sit slightly above Micron’s own guidance of $50…